South Korean chipmaker SK Hynix has successfully debuted on Nasdaq, achieving a record $26.5 billion in its initial public offering, marking the largest US listing ever by a foreign company. The stock opened strong at $170 per share, reflecting significant investor enthusiasm amidst a rising demand for memory chips driven by the AI boom. This debut not only eclipsed previous records, including those set by major companies like SpaceX, but also positions SK Hynix as a key player in the AI investment landscape. The IPO was multiple times oversubscribed, demonstrating robust interest from US investors eager to capitalize on the surge in AI technology. With the new capital, SK Hynix plans to fund substantial manufacturing expansions to meet the ongoing demand in the AI sector.